Alliance identified off-market a MAN Truck & Bus requirement for a bespoke regional HQ facility in the North West. Off market, it acquired a 250,000 sq ft food production factory on nine acres of land on a key Trafford Park site.
Detailed negotiations were held in both Manchester and Munich to agree a deal for this multi-use facility.
A £7.2 million design and build contract was implemented incorporating a 22,000 sq ft maintenance facility, 20-bay repair depot, training facility as well as a high-quality office element totalling 25,000 sq ft and four acres of external forecourts.
The total rental was £868,000 on a 25-year lease with five- yearly rent reviews. The project was awarded “Deal of the Year” in 2009 by North West Business Insider and the site forms part of the Alliance investment portfolio.
Insider North West Property Awards 2009 Property Deal of the Year Man Trucks, Trafford Park